Sei Investments Co. Has $7.93 Million Holdings in DoubleVerify Holdings, Inc. (NYSE:DV)

Sei Investments Co. increased its holdings in shares of DoubleVerify Holdings, Inc. (NYSE:DV) by 2.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 412,668 shares of the company’s stock after purchasing an additional 11,342 shares during the quarter. Sei Investments Co. owned approximately 0.24% of DoubleVerify worth $7,927,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in DV. Goodman Financial Corp bought a new stake in DoubleVerify during the 4th quarter worth about $13,199,000. Intech Investment Management LLC raised its holdings in DoubleVerify by 152.3% during the fourth quarter. Intech Investment Management LLC now owns 417,551 shares of the company’s stock worth $8,021,000 after acquiring an additional 252,042 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in DoubleVerify by 10.2% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 40,312 shares of the company’s stock valued at $774,000 after purchasing an additional 3,740 shares during the last quarter. AlphaQuest LLC grew its stake in DoubleVerify by 233.2% in the fourth quarter. AlphaQuest LLC now owns 104,739 shares of the company’s stock valued at $2,012,000 after purchasing an additional 73,308 shares in the last quarter. Finally, Amundi increased its position in shares of DoubleVerify by 72.3% during the 4th quarter. Amundi now owns 525,922 shares of the company’s stock worth $10,497,000 after purchasing an additional 220,614 shares during the last quarter. Institutional investors and hedge funds own 97.29% of the company’s stock.

DoubleVerify Trading Down 4.8 %

Shares of DV opened at $13.33 on Monday. The stock has a market capitalization of $2.21 billion, a PE ratio of 36.01, a P/E/G ratio of 2.63 and a beta of 1.06. The firm’s 50 day moving average is $18.53 and its 200-day moving average is $18.65. DoubleVerify Holdings, Inc. has a 12 month low of $13.14 and a 12 month high of $35.55.

Wall Street Analyst Weigh In

Several research firms have recently commented on DV. Scotiabank initiated coverage on DoubleVerify in a report on Thursday, December 5th. They issued a “sector outperform” rating and a $24.00 price objective for the company. Raymond James assumed coverage on shares of DoubleVerify in a research note on Wednesday, December 18th. They issued an “outperform” rating and a $25.00 price target for the company. Robert W. Baird restated a “neutral” rating and set a $14.00 price objective (down from $20.00) on shares of DoubleVerify in a research note on Friday. Royal Bank of Canada raised their target price on shares of DoubleVerify from $22.00 to $24.00 and gave the company an “outperform” rating in a research note on Friday, January 3rd. Finally, Loop Capital cut DoubleVerify from a “buy” rating to a “hold” rating and reduced their price target for the stock from $24.00 to $16.00 in a report on Tuesday, March 4th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and twelve have given a buy rating to the stock. According to MarketBeat, DoubleVerify presently has a consensus rating of “Hold” and a consensus price target of $22.00.

Insider Buying and Selling at DoubleVerify

In other DoubleVerify news, CFO Nicola T. Allais sold 2,220 shares of the firm’s stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $21.61, for a total value of $47,974.20. Following the transaction, the chief financial officer now directly owns 85,882 shares of the company’s stock, valued at $1,855,910.02. This trade represents a 2.52 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 3.00% of the company’s stock.

DoubleVerify Company Profile

DoubleVerify Holdings, Inc provides a software platform for digital media measurement, and data analytics in the United States and internationally. The company provides solutions to advertisers that enable advertisers to increase the effectiveness and quality and return on their digital advertising investments.